In periods of restrictive monetary policy,which of the following industries are likely to feel a disproportionately large impact of the policy?

Question

Quizplus · Accepted Answer

In periods of restrictive monetary policy, interest rates tend to increase, making it more expensive to borrow money. This can cause a decrease in demand for big-ticket items such as cars, negatively impacting the automotive industry. The other industries may also be impacted, but likely not to the same extent as the auto industry.

In Periods of Restrictive Monetary Policy,which of the Following Industries